The Central Bank of Nigeria (CBN) has reaffirmed that the standard N100 banknote remains legal tender across the country, following reports that some individuals and businesses...
UTM Offshore has secured a 15-year gas supply agreement for its planned $3 billion Floating Liquefied Natural Gas (FLNG) project, marking a major milestone towards reaching...
MTN Ghana and Telecel Group are set to participate in Ghana’s forthcoming 5G licence auction following the government’s decision to terminate the exclusive rights previously granted...
Dangote Group has revealed plans to finance its proposed 700,000 barrels-per-day (bpd) oil refinery in Kenya through a combination of internally generated funds, bond issuances and...
Says country missed opportunity to become alternative supplier as Europe sought new energy sources The Independent Petroleum Producers Group (IPPG) has said Nigeria failed to seize...
Nigeria’s digital identity database has surpassed 136 million enrolments, marking a significant milestone as the Federal Government begins implementing the newly enacted National Identity Management Commission...
President Bola Tinubu has taken the first formal step towards implementing state police in Nigeria by inaugurating a Presidential Working Group to draft the National Policing...
The Nigerian stock market extended its bullish run on Tuesday, adding N1.86 trillion in market value as renewed investor appetite for heavyweight stocks, led by MTN...
The Nigerian National Petroleum Company (NNPC) Limited says it has saved $3.4 billion through contract restructuring and operational reforms over the past 14 months, while remitting...
Renaissance Africa Energy Company Limited has announced a significant hydrocarbon discovery at the JK-004 exploration well in Oil Mining Lease (OML) 74, marking its first major...
The Federal Government has commissioned global professional services firm PricewaterhouseCoopers (PwC) to undertake a comprehensive benchmarking of the more than 270 fees, taxes and statutory charges...
The Nigerian National Petroleum Company Limited (NNPC) has disclosed that it saved $3.4 billion through contract restructuring and optimisation initiatives between April 2025 and July 2026,...
The Federal Government has dismissed claims that more than N8 trillion, estimated at two per cent of Nigeria’s Gross Domestic Product (GDP), was spent outside the...
Afreximbank $2bn cotton industry commitment to Nigeria is now confirmed, alongside a fresh disclosure that the lender’s total Nigeria investment has hit between $15 billion and...
Emerald HoldCo B.V. has launched a mandatory takeover offer valued at N6.94 billion to acquire up to 11,741,509 ordinary shares of Beta Glass Plc from minority...
The Federal Government has directed the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA), and the Nigeria Data Protection Commission (NDPC) to suspend...
When United Bank for Africa (UBA) announced that Emmanuel Nnorom would succeed Tony Elumelu as Group Chairman from August 21, 2026, the decision marked more than...
United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from the Board of Directors on August 21, 2026,...
President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate Meta, Google, X and selected artificial intelligence (AI) companies over allegations...
As Osun State prepares for its 2026 governorship election, DevReporting, in partnership with the Centre for Journalism Innovation and Development (CJID), through its Local Media Sustainability...